Calgary firm sold for US$4.75B in city’s biggest ever tech deal — and may not be the last

This is probably the biggest tech deal that we've seen in our community to date,' said Brad Parry, the chief executive of ...

CoolIT’s employees to get massive cash payouts with $4.75-billion sale to Ecolab

Cooling technology supplier’s sale to Minnesota-based company is one of the largest exits ever in tech sector in Canada ...

CoolIT Employees Share in $4.75 Billion Transaction as KKR Agrees to Sell to Ecolab

KKR, a leading global investment firm, today announced that it has entered into a definitive agreement to sell CoolIT Systems ...

Some cried. Others were speechless. How frontline workers walked away with checks averaging $240,000, nearly equal Wall Street bonuses, when KKR sold their company

They knew they were getting a payout. But employees at CoolIT had no idea just how much they'd profit from KKR's sale of ...

KKR’s $4.75B CoolIT sale triggers massive payouts: Employees to receive up to 8 years of pay

KKR (KKR) has announced that it will sell CoolIT Systems, a leader in liquid cooling for data centers, to Ecolab (ECL) for $4.75 billion. This sale is one of KKR's largest recent deals, yielding about ...

U.S. company acquires Calgary-based CoolIT for $6.6B in one of city’s ‘biggest' tech deals ever

Calgary-based CoolIT Systems, a specialist in liquid cooling for AI data centres, is set to be acquired by U.S. company ...

Ecolab to buy CoolIT for $4.75 billion to tap into AI data center boom

March 20 (Reuters) - Ecolab said on Friday it would acquire CoolIT Systems from KKR for about $4.75 billion in cash, as the ...

Ecolab Details $4.75B CoolIT Deal, Targets Q3 2026 Close and 20%+ Margins by 2027

Ecolab (NYSE:ECL) detailed its planned acquisition of direct-to-chip liquid cooling provider CoolIT Systems on a conference ...
BetaKit

Ecolab to acquire CoolIT Systems for $4.75 billion USD

Ecolab announced today it is acquiring Calgary’s CoolIT Systems, a leader in liquid cooling technology for data centres. “This acquisition expands our role in serving the AI e ...
Private Capital Journal

Formerly VC-backed CoolIT Systems to be acquired by Ecolab for US $4.75B

Ecolab to acquire CoolIT Systems from Kohlberg Kravis Roberts & Co. L.P. (KKR) and Mubadala Investment Company for US ...

Ecolab Dips on Report of Deal for CoolIT Systems With KKR

Shares of Ecolab slid after The Wall Street Journal reported the company is closing in on a deal to buy data-center-cooling company CoolIT Systems from KKR for between $4.5 billion and $5 billion, ...